Will chip shortages continue in 2022?

“We are in the midst of regionalization of the semiconductor industry,” Janac said. He also agreed with the common industry perception that chip shortages would continue in 2022. “There is so much pent-up demand for system-on-chips (SoCs) that have been designed and have yet to go into production,” Janac said.

What caused the chip shortage in Texas?

Power outages in Texas, where the majority of the United States’ chip manufacturing is done, and drought in Taiwan, also contributed to the shortage. The world’s largest chip manufacturer, TSMC, also had to cut back its water usage (fundamental to the production of chips) due to government orders.

Is there a chip shortage at Sky Castle toys?

According to the Head of Sky Castle Toys, Lev Nelson, aside from the chip shortage itself, toy companies are often pushed to the back of the semiconductor line by higher-margin items such as cars, smartphones, and washing machines. To avoid getting price gouged on or before Black Friday and Christmas, you should start shopping now.

Can IoT technology prevent chip shortages?

IoT technology can collect data and use it to prevent future chip shortages, with a chip fabrication plant that has “smart” connected equipment able to use real-time data allowing all members of its production team to make informed decisions that will reduce waste, speed up delivery times and increase product quality.